California's New Minimum Wage: A Cure That Exacerbates The Sickness
by Zero Hedge
Zero Hedge— California's New Minimum Wage: A Cure That Exacerbates The Sickness Via SchiffGold.com, The solution to a problem shouldn’t make the problem worse. But apparently, California’s policy makers missed that memo. On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds...
Washington Examiner—California’s fast-food minimum wage hike is backfiring. California’s fast-food minimum wage hike has been in effect for just one month, and the consequences are proving to be fewer hours and potentially fewer jobs for workers. Pollo West Corporation, the largest franchisee of El Pollo Loco restaurants in California, has said that its franchises went from profitable to losing money overnight when the […]
Washington Examiner—California’s new affirmative action plan. The University of California, San Diego, is coming up with creative ways to implement a form of affirmative action for admittance into its engineering programs. Affirmative action was illegal in California long before the U.S. Supreme Court ruled last year that colleges and universities could no longer consider an applicant’s race when admitting him or […]
Vanguard News—I'll be among first to implement new minimum wage — Uzodimma. The Imo Governor, Hope Uzodimma on Wednesday said his government would be among the first to implement the new minimum wage anytime the tripartite committee and the federal government agree on the issue.